The DEX aggregator 1inch has launched the industry's first native decentralized swaps between Solana and all major EVM blockchains. This was reported by representatives of the project to ForkLog.
The option is available in the 1inch dApp, Wallet, and through the Fusion+ API solution.
The functionality allows for secure asset exchanges between Solana and more than 12 networks, providing a number of advantages:
increased security due to the absence of the need to use cross-chain bridges and messaging protocols;
seamless execution due to the absence of intermediaries;
protection against MEV activity and provision of liquidity.
The aggregator added support for Solana in April. The implementation of cross-network operations eliminates fragmentation between the blockchain and the EVM ecosystem, turning the network into a "full-fledged DeFi hub," 1inch emphasized.
"Tokens on Solana can now be traded directly against assets in EVM networks, opening up the ecosystem for users who have never interacted with blockchain before," the statement said.
Recall that during the stress test, Solana's throughput exceeded 100,000 transactions per second.
